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HomeMy WebLinkAboutRES 74 329-7 9/- -�. R'E''S''O''L''U''T''I''O' N WHEREAS, on September 10, 1974, the City of Beaumont received bids for the Shakespeare Drive Participation Paving Project; and, WHEREAS, Don Streety Company submitted a bid in the sum of Thirty -Five Thousand Five Hundred Ninety -Seven and No/100 ($35,597.00) Dollars for such Project; and, WHEREAS, the City Engineer has recommended that the contract be awarded to Don Streety Company; and, WHEREAS, this is a participation contract in which Don Streety Company has agreed to pay a portion of the cost of the construction of the street and has placed in escrow the sum of Twenty -One Thousand Two Hundred Seventy -Six and 01/100 ($21,276.00) Dollars with the City of Beaumont which sum is a sufficient sum of money to cover its part of the cost of the paving of said street; and, WHEREAS, the City Council is of the opinion that the bid sub- mitted by Don Streety Company is the lowest and best bid and should be accepted and a contract entered into with Don Streety Company for the Shakespeare Drive Participation Paving Project; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BEAUMONT: THAT the bid of Don Streety Company be accepted, and the City Manager be, and he is hereby, authorized to execute on behalf of the City of Beaumont a contract with Don Streety Company for the Shakespeare Drive Participation Paving Project for the sum of $35,597.00; and the City Clerk is hereby authorized to attest to said contract and to affix the Seal of the City of Beaumont thereto. PASSED BY THE CITY COUNCIL of the City of Beaumont this the 11 day of 12LLLn Leh, 1974.